Powerball: Jackpot climbs to $725 million

The jackpot drought continued in the Powerball drawing, as no one picked the five numbers and the red Powerball on Monday night. That means Wednesday’s drawing will be worth at least $725 million.

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The numbers drawn Monday were 02-24-34-53-58 with a red Powerball number of 13. The Power Play multiplier was 2X.

No winner; Wednesday’s jackpot worth $725M

Update 12:25 p.m. EDT July 11: No one won Monday’s Powerball jackpot, which sent Wednesday’s prize soaring to an estimated $735 million, according to the Powerball website.

Wednesday’s prize is the seventh-largest in the promotion’s history.

If someone matches all of the numbers on Wednesday and decides to take the lump sum option, the cash value amount will be approximately $366.2 million before taxes, according to the Powerball website.

Original report: Monday’s jackpot ranked as No. 9 overall among Powerball grand prizes, lottery officials said.

If someone matches all of the numbers on Monday and decides to take the lump sum option, the cash value amount will be approximately $340.9 million before taxes, lottery officials said. If someone does not win, Wednesday’s drawing could move closer to top-five status among Powerball jackpots.

“It’s an exciting time to play when the Powerball jackpot reaches this level, and that excitement is further compounded when there is also a huge Mega Millions jackpot,” Drew Svitko, Powerball Product Group Chair and executive director of the Pennsylvania Lottery Executive Director, said in a statement. “We typically see players purchase tickets for both games when the jackpots are this high, and remind players that it only takes one ticket to win a life-changing prize.”

The odds of a single ticket winning the Powerball jackpot are 1 in 292 million.

The Powerball jackpot was last hit in the April 19, 2023, drawing, lottery officials said in a news release. That was when a ticket in Ohio matched all five white balls and the red Powerball to win a grand prize worth $252.6 million.

The Powerball jackpot has been won two other times during 2023. A player in Washington won a $754.6 million jackpot in the Feb. 6, 2023, drawing, and a player in Virginia won a $162.6 million jackpot in the March 4, 2023 drawing.

Here are the 10 largest Powerball jackpots, according to Powerball.com:

• $2.04 billion – Nov. 7, 2022 (One ticket from California)
• $1.586 billion – Jan. 13, 2016 (Three tickets from California, Florida and Tennessee)
• $768.4 million – March 27, 2019 (One ticket from Wisconsin)
• $758.7 million – Aug. 23, 2017 (One ticket from Massachusetts)
• $754.6 million – Feb. 6, 2023 (One ticket from Washington)
• $731.1 million – Jan. 20, 2021 (One ticket from Maryland)
• $725 million (estimated) – July 12, 2023 drawing
• $699.8 million – Oct. 4, 2021 (One ticket from California)
• $687.8 million – Oct. 27, 2018 (Two tickets from Iowa and New York)
• $632.6 million – Jan. 5, 2022 (One ticket from Florida)